Core Viewpoint - HIVE Digital Technologies reported a quarterly loss of $0.08 per share, aligning with the Zacks Consensus Estimate, and showing improvement from a loss of $0.18 per share a year ago [1] - The company achieved revenues of $32.24 million for the quarter ended June 2024, exceeding the Zacks Consensus Estimate by 1.23% and up from $23.57 million year-over-year [2] Financial Performance - The company has surpassed consensus EPS estimates two times over the last four quarters [1] - HIVE Digital Technologies has also topped consensus revenue estimates two times in the last four quarters [2] - The current consensus EPS estimate for the upcoming quarter is -$0.14 on revenues of $28.3 million, and for the current fiscal year, it is -$0.36 on revenues of $127.2 million [7] Market Performance - HIVE Digital Technologies shares have declined approximately 36.4% since the beginning of the year, contrasting with the S&P 500's gain of 12% [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating expectations of outperforming the market in the near future [6] Industry Outlook - The Financial - Miscellaneous Services industry, to which HIVE belongs, is currently ranked in the top 32% of over 250 Zacks industries, suggesting a favorable industry outlook [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact HIVE's stock performance [5]

HIVE Digital Technologies Ltd. (formerly, HIVE Blockchain Technologies Ltd.) Condensed Interim Consolidated Financial Statements For the three months ended June 30, 2024 and 2023 (In thousands of U.S. dollars) (Unaudited) HIVE Digital Technologies Ltd. (formerly, HIVE Blockchain Technologies Ltd.) Condensed Interim Consolidated Statements of Financial Position | --- | --- | --- | --- | --- | |-------------------------------------------------------------------------|--------|-------|------------------|------ ...

HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE)' finance chief Darcy Daubaras joined Proactive to discuss the company's latest achievements and strategic plans. He highlighted a 2% increase in Bitcoin holdings with 116 Bitcoin produced in July. The CFO also spoke about the company's expansion plans in Paraguay. Proactive: From your July production stats it looks like another successful month for HIVE. Darcy Daubaras: It has been. Once again, we've increased our HODL position by 2% and we had 116 Bitcoin ...

Vancouver, British Columbia--(Newsfile Corp. - August 6, 2024) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0.F) (the "Company" or "HIVE") a pioneer in green energy-powered blockchain infrastructure today announced it will release its financial results for quarter ended June 30, 2024, on Tuesday, August 13, 2024 after the market close and hold its earnings conference call and webcast at 5:00 PM EST on the same day. Conference Call Information Date: August 13, 2024 Time: 5:00 p.m. ET ...

Wall Street expects a year-over-year increase in earnings on higher revenues when HIVE Digital Technologies (HIVE) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they mis ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government. S ...

. . HIVE Digital Signs Agreement to Develop 100 MW Hydroelectric Data Center in Paraguay, Targeting to Reach 12 Exahash Next Year July 31, 2024 4:40 PM EDT | Source: HIVE Digital Technologies Ltd. Vancouver, British Columbia--(Newsfile Corp. - July 31, 2024) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) ("HIVE" or the "Company" ), a leading digital asset miner and "green"- focused data center builder and operator, announces that, further to its news release of July 22, 2024, it has ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...

| --- | --- | |-----------------------------------------------------------------------------------------|-------| | | | | RETRANSMISSION: HIVE Digital Technologies Announces Plans to Build 100 MW Hydroelectric | | | Data Center in Paraguay, Targeting to Double | | | Revenue and Increase Hashrate to Over 12 Exahash in the Next Year | | Stability in government fiscal policies, such as energy pricing and taxation, will be a key factor in our future expansion considerations relating to continued growth in Parag ...